April 30, 2010 at 9.40 (CET+1)
Kemira is selling its sulphuric acid plant in Kokkola, Finland, to Boliden Kokkola Oy. The business and a staff of about 20 persons will be transferred to Boliden Kokkola on May 1, 2010. Kemira will continue chemical terminal operations in Kokkola including services to Boliden Kokkola Oy.
The transaction does not have any significant impact on either company’s financial figures, and the parties have agreed not to disclose the transaction price.
– In accordance with its strategy, Kemira focuses on products and solutions for water-intensive industries, such as pulp and paper, oil and mining, municipal and other industrial water treatment. Sulphuric acid continues to be an important raw material for us in Finland, says Petri Helsky, head of Paper Segment.
Boliden will have the entire sulphur refining chain in Kokkola. Sulphur dioxide is a by-product in the production of zinc, and it is refined into sulphuric acid for several industrial purposes. So far, Boliden Kokkola has sold sulphur dioxide gas to Kemira, and Kemira has refined it to sulphuric acid. The production capacity of the Kokkola sulphuric acid plant is approx. 300 000 tons per year.
Jarmo Savolainen, Senior Vice President
Customer Segment Pulp
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Kemira is a global two billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers’ energy, water, and raw material efficiency. Kemira’s vision is to be a leading water chemistry company.